Document the journey of my stocks investment as a strategic investor. Record of investment portfolio performance, stocks analysis and market analysis. Trade like Jesse Livermore, Invest like Benjamin Graham, Think like 诸葛亮.
Friday, December 17, 2010
DBS -- 17th Dec 10
From Oct to Nov 2010, DBS has been forming a falling wedge pattern, hitting a low of $13.70 and broke out from the formation at $13.84 on 26th Nov 2010. It did a back test to test the breakout point at $13.84 on 16th Dec 2010 and since rebounded from there. Expected target for the breakout is at least $14.80